Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Women on Boards Project (WOB), a nonprofit with the mission of empowering women business leaders and improving diversity and inclusion at the board of directors level, announces today the launch of a partnership with leading private equity firms and an inaugural group of 20 companies to increase gender diversity and inclusion on consumer private company boards.

To start, 20 private consumer companies “ including aden + anais, Mented Cosmetics, Urban Remedy and SimpleMills “ have signed on to the WOB Project, committing to enhancing gender diversity on their boards. The WOB Project will support a new cohort of 20 companies every six months to participate in the initiative pro bono by helping them identify strong, diverse candidates for their boards. For each company, WOB Project will collaborate on a candidate scorecard, compensation parameters, interview and research strategy. From there, WOB Project will provide 5-10 candidates that fit the criteria and will continue to support each company as they work to enhance gender diversity on their respective boards. The WOB Project has developed a strategic partnership with theBoardlist and their community, which comprises 14,000 women, along with the community that WOB Project has developed as veterans within the consumer industry.

Women currently drive 70-80% of all consumer purchasing, said Cassie Nielsen, co-founder of Women on Boards Project and Vice President of Talent at VMG Partners. Without immediately addressing diversity and inclusion in our boards and leadership, our companies and industries will not meet the needs of our consumers and drive the innovation and fact-based decision making needed to drive growth and profitability in this evolving marketplace.

As we spoke with CEOs and private equity firms in our industry, we recognized the urgent need to address board representation, so we launched the Women on Boards private equity consortium and 20-company initiative. The purpose of Women on Boards Project is to create an industry-wide change, said Sheryl OLoughlin, co-founder and co-chair of Women on Boards Project, former CEO of REBBL Inc. and Clif Bar and co-founder of Plum Organics. We are so humbled by the outpouring of support we have received and are energized to jumpstart this movement and make significant strides towards greater gender diversity.

We are honored to partner with the Women on Boards Project, said Robert Brown, Co-Founder and Managing Director at Encore Consumer Capital. In order to take brands within our portfolio to the next level and ensure all represented at the company have a voice, we need to make sure we are hearing from a diverse team. With the help of this initiative, we will be able to find the perfect candidates for the boards of companies such as Ancient Harvest.

We are honored to be among such phenomenal company within the private equity consortium, and TSG is committed to advocating for this change within our portfolio and throughout the industry overall, said Jenny Baxter Moser, Managing Director at TSG Consumer Partners.

We are thrilled to be part of this important initiative and look forward to continuing our portfolios journey toward gender equality both at our boards and company management, said Heather Fraser, Managing Director and CFO at Swander Pace Capital.

For more information on Women on Boards Project, or to become a partner, please visit WOBproject.com.

About Women on Boards Project:

Women on Boards (WOB) Project was created in 2020 by industry leaders to increase the number of women serving on boards while also expanding diversity including race, ethnicity, age, socio-economic status, and sexual orientation, gender fluidity.

The board of the Women on Boards Project includes:

Kara Cissell-Roell, General Partner, VMG Partners

Mita Mallick, Head of Diversity and Cross Cultural Marketing, Unilever

Brianna Rizzo Brown, Principal, Talent, Stripes

Alex Hanifin, Vice President Marketing, the Good Crisp and former CEO Alpine Start

Melissa Facchina, Founder, Siddhi Shots

Cassie Nielsen, Vice President of Talent, VMG Partners

Sheryl OLoughlin, former CEO of REBBL Inc. and Clif Bar and co-founder of Plum Organics

The WOB Private Equity Consortium is formed of the below industry leaders who are committed to diversifying the boards of their portfolio brands. For more information on the Women on Boards PE Consortium, please visit WOBproject.com.

The WOB 20 company initiative will select 20 companies every six months to help them find the right candidates for their boards. For more information, or for consideration for the next initiative, please visit WOBproject.com.

We use cookies to enhance your visit, personalise our content, social media features, ads & to analyse our traffic. You consent to our cookies if you continue to use our website. AcceptReject

Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.